REG - Christie Group PLC - Full Year Trading Update

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RNS Number : 3240P  Christie Group PLC  19 January 2026

19  January 2026

 

Christie Group plc

("Christie Group" or the "Company")

 

 
Full Year Trading Update

 

The Board of Christie Group plc (CTG.L) is pleased to advise that, further to
its trading update on 23 December 2025 and following uncharacteristically
strong invoicing in December, it now anticipates reporting a FY25 performance
from its continuing operations considerably ahead of its previously upgraded
expectations. Revenues from continuing operations for the twelve months ended
31(st) December 2025 are now expected to exceed £70.0m (2024: £59.2m) with
operating profit from those continuing operations expected to exceed £6.5m
(2024: £3.5m).

 

The Group has once again advised on the sale or purchase of over 1,100
businesses, but its average fee on those transactions is significantly
improved on the prior year. The volume of transactions brokered in December
was 40% higher than the average volume per month achieved in the previous 11
months and included an unexpectedly strong level of invoicing after the
Group's last trading update on 23 December 2025. Its international agency and
advisory operations have delivered strong year-on-year income growth.

 

As previously predicted, across its Professional and Financial Services
("PFS") division the Group has also benefitted from strong growth in its
valuation, consultancy and finance brokerage operations and continued
progression in strengthening its insurance brokerage brand. In its Stock and
Inventory Systems and Services ("SISS") division, its market leading
hospitality stocktaking business is expected to have contributed growth in
both income and operating profit, despite particularly challenging conditions
for the UK hospitality sector.

 

Operating profit from continuing operations excludes trading losses from the
Vennersys brand and the losses on disposal realised on its sale, which was
announced on 22(nd) December 2025 and which completed on 16(th) January 2026.

 

The Group has also ended the year with a significantly improved cash balance
of over £9m, as it seeks to maintain a strong balance sheet to enable
increased resilience.

 

All figures reported above remain subject to audit and the Group expects to
issue final audited results for 2025 in April 2026.

 

Outlook

 

The Group has begun 2026 with encouraging ongoing demand for its services and
strong pipelines.

Nonetheless, having substantially outperformed in 2025, the Board remains
conservative in its outlook for delivering further profit growth in 2026 while
also maintaining a commitment to invest and expand its international brokerage
operations.  This view also reflects the unexpectedly strong deal flow in the
final weeks of 2025 and that as a result, transactions which the Board was
anticipating were more likely to reach unconditional exchange in early 2026,
have already transacted in 2025.

Dan Prickett, Christie Group Chief Executive Officer commented:

 

"The strength of performance we now expect to report for 2025 is testament to
the incredible contributions, commitment and expertise of our people, the
strength of our client offering and our commitment to providing unparalleled
customer service. Our 2025 results better reflect the earnings potential of
our continuing brands. We are pleased with the progress made in our European
operations. Continued investment to broaden and strengthen our continental
offering will remain a focus for us, as will a continuing investment in
attracting and retaining the strongest talent across the Group.

We believe the volume of transactions we consistently advise on and our
immersion in our specialist sectors - combined with our diversified and
complimentary service offering - gives us an unrivalled insight to support our
clients. We expect economic conditions to remain challenging for many
businesses in our chosen sectors. However, demand for our own services appears
robust and as long as lending conditions remain supportive, we remain
optimistic for the year ahead and beyond."

 

Enquiries:

 

Christie Group plc

Dan
Prickett
07885 813101

Chief Executive

 

Simon Hawkins
 
07767 354366

Chief Financial Officer

Shore Capital

Patrick Castle
 
020 7408 4090

Nominated Advisor and Broker

 

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services
group with 32 offices across the UK and Europe, catering to its specialist
markets in the hospitality, leisure, healthcare, medical, childcare &
education and retail sectors.

 

Christie Group operates in two complementary business divisions: Professional
& Financial Services (PFS) and Stock & Inventory Systems &
Services (SISS). These divisions trade under the brand names: PFS - Christie
& Co, Pinders, Christie Finance and Christie Insurance: SISS - Venners.

 

Tracing its origins back to 1896, the Group has a long-established reputation
for offering valued services to client companies in agency, valuation
services, investment, consultancy, project management, stock audit and
inventory management. The diversity of these services provides a natural
balance to the Group's core agency business.

 

The information contained within this announcement is deemed by the Company to
constitute inside information under the Market Abuse Regulations (EU) No.
596/2014.

 

For more information, please go to https://www.christiegroup.com/.

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